Claunch: $290M casino,convention centre project to start next week

American company, One Hundred Sands Limited has confirmed the $290M casino and convention centre project will officially start next Monday.

The project will be built 300 metres before Denarau.Company chair, Larry Claunch confirmed that the earth works will start on Monday or Tuesday and the geo-tech work will kick in once the land is cleared.

According to the company, funding has been confirmed and secured for the project and they will construct the casino and convention centre first before starting work on the 300 hotel rooms.

Meanwhile, the company has agreed to pay the Fiji government US$100,000 per month penalty from October 1 2013 until the project$ is completed in Nadi.

The company has admitted that it will take between 12 to 15 months for the project complete.